FinTech startup Creditas secures funding to scale operations

New Delhi [India], Mar. 26 (ANI): FinTech startup Creditas Solutions has raised an undisclosed amount of Pre-Series A funding round led by 1Crowd, an equity crowd-funding platform to scale operations.

The proceeds from the round will also be used by the startup to expand its team, data science capabilities and to make investments in technology, particularly to focus on providing banks a single platform to manage the entire delinquency cycle.

"This new round of funding not only gives us the capital to scale exponentially but also validates the faith the Banking sector is reposing in our Solutions," said Creditas co-founder Anshuman Panwar.